PNC Financial Services Group was a leading decliner within the banking industry, falling $0.98 (-1.3%) to $73.93 on light volume

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PNC Financial Services Group ( PNC) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.7%. By the end of trading, PNC Financial Services Group fell $0.98 (-1.3%) to $73.93 on light volume. Throughout the day, 1,569,129 shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 2,536,900 shares. The stock ranged in price between $73.90-$74.88 after having opened the day at $74.76 as compared to the previous trading day's close of $74.91. Other companies within the Banking industry that declined today were: China Commercial Credit ( CCCR), down 12.4%, ICICI Bank ( IBN), down 9.4%, Credit Suisse ( DGAZ), down 7.2% and National Bank of Greece ( NBG), down 6.0%.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $39.8 billion and is part of the financial sector. Shares are up 28.5% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate PNC Financial Services Group a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.